Maple Leaf Foods (MLFNF) Projected to Release Earnings on Wednesday

Maple Leaf Foods (OTCMKTS:MLFNF) is expected to be posting its results before the market opens on Wednesday, November 4th. Analysts expect Maple Leaf Foods to post earnings of $0.2624 per share and revenue of $734.96 million for the quarter.

Maple Leaf Foods Trading Up 0.1%

Shares of MLFNF opened at $18.74 on Wednesday. The firm has a 50-day moving average price of $18.59 and a 200 day moving average price of $20.19. Maple Leaf Foods has a 52-week low of $16.68 and a 52-week high of $23.33.

Analyst Upgrades and Downgrades

MLFNF has been the topic of a number of research reports. Canadian Imperial Bank of Commerce assumed coverage on Maple Leaf Foods in a research note on Monday, July 27th. They issued an “outperform” rating on the stock. BMO Capital Markets reissued an “outperform” rating on shares of Maple Leaf Foods in a research note on Thursday, August 13th. Finally, Scotiabank reiterated an “outperform” rating on shares of Maple Leaf Foods in a research report on Thursday, August 13th. Five research analysts have rated the stock with a Buy rating. According to data from MarketBeat.com, the company has an average rating of “Buy”.

About Maple Leaf Foods

Maple Leaf Foods Inc is a Canadian food company focused primarily on the production and marketing of prepared meats and pork products. Its portfolio includes ready-to-eat and ready-to-cook products such as deli meats, bacon, sausage, ham, hot dogs and other packaged meat items sold through grocery, foodservice and other retail channels.

The company markets products under brands including Maple Leaf, Schneiders, Greenfield Natural Meat Co, Natural Selections and Mina. Maple Leaf Foods has also emphasized animal-welfare standards, sustainable production and the development of value-added food products.